How Much Did ProCare Raise?
Funding & Key Investors

ProCare, a provider of durable medical equipment (DME) rental services, has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established position in the healthcare equipment sector and its ongoing growth trajectory.

What is ProCare?

ProCare
RetailOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)Consumer Services

ProCare Medical Equipment specializes in the rental of durable medical equipment (DME) for patient care facilities, with a particular emphasis on wound care and bariatric solutions. The company offers a comprehensive suite of products, including advanced surfaces, specialized bed frames, respiratory apparatus, and rehabilitation tools. Beyond equipment provision, ProCare extends its services to include maintenance, repair, and professional educational programs, catering to a diverse clientele that spans long-term care facilities, rehabilitation centers, hospice providers, and government agencies.

How much funding has ProCare raised?

ProCare has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in ProCare

PPP

Public-Private Partnership

What's next for ProCare?

The substantial backing indicated by $150K suggests ProCare is in a mature phase of its business lifecycle, likely leveraging this capital for significant scaling and market expansion. The recent strategic investment, coupled with the company's focus on essential healthcare niches like wound care and bariatrics, positions ProCare for continued development and enhanced service offerings. Future initiatives may involve technological integration for equipment management, broadening service areas, or strategic partnerships to further solidify its market leadership in the DME rental industry.

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Frequently Asked Questions Regarding ProCare Financial Insights

What are the most recent funding rounds that ProCare has completed, and what were the funding rounds?
ProCare has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding ProCare has raised to date?
ProCare has raised a total of $150K in funding to date.
How many funding rounds has ProCare completed?
ProCare has completed 1 funding rounds.
How much funding did ProCare raise in its most recent funding round?
ProCare raised $150K in its most recent funding round.
Who are the lead investors in ProCare's latest funding round?
The lead investor in ProCare's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in ProCare's history?
The largest funding round in ProCare's history was $150K.
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